Which of the Following Statements Is True

question 67

Multiple Choice

Which of the following statements is true?

• A)Economic theory does not make unrealistic assumptions.
• B)Economists should not ignore details while focusing on complex problems.
• C)Abstraction forms an important part of economic analysis.
• D)The word theory means same for both economists and laymen.

---

Definitions:

Synthesis

The process of combining components or elements to form a coherent entity, often referring to chemical synthesis.

Reactants

Substances initially present in a chemical reaction that are consumed to form products during the reaction.

Ethyl Magnesium Chloride

A Grignard reagent represented as CH3CH2MgCl, utilized in organic synthesis to form carbon-carbon bonds.

Pent-1-yne

An alkyne with the chemical formula C5H8, characterized by a triple bond between the first and second carbon atoms in the five-carbon chain.